Nvidia’s AI Dominance Fuels Record Market Cap Surge
Nvidia's stock soared 12.6% in July, propelled by its unprecedented $4 trillion market valuation and strategic AI advancements. The chipmaker's GB200 Grace Blackwell Superchip and resumed H20 sales to China underscore its pivotal role in artificial intelligence infrastructure.
Wall Street analysts turned bullish as Nvidia reclaimed access to the Chinese market, potentially unlocking over $9 billion in quarterly revenue. The company's GPUs remain the backbone of global AI development, outpacing tech rivals like Microsoft and Apple in market capitalization.